Crypto Winter Finally Thaws
It is undisputed that the crypto world has been experiencing a frigid crypto winter for over a year now. However, signs of life have finally begun to emerge in the market. With Bitcoin now hovering around $8,000, investors can breathe a sigh of relief—and begin to focus on things like infrastructure. And one of Bitcoin’s most pressing issues has always been adoption. People who were new to crypto found it inaccessible and unwieldy—but crypto ATMs are looking to change all of that. An ATM itself is a welcome sight to many who might feel just a bit overwhelmed by the crypto revolution. After all, it’s using traditional techniques to offer people access to crypto.
CoinFlip Challenges What People Believe Is Possible
For Daniel Polotsky, the CEO of CoinFlip, everything appears to be going swimmingly. It was five years ago that he first formulated the idea of CoinFlip, and now there are a whopping 200 CoinFlip ATMs around the country. For naysayers who didn’t believe it was possible, Polotsky’s success has been proof positive that there is a future for crypto ATMs. In his ideal world, it should be as easy as possible for people to buy and sell crypto by using these ATMs. And the outlook for his very young business is bright. Like many other sensational start-ups we have heard about in the past, all of the CoinFlip employees are 25 or under. But what’s even more striking is that they’re also all the children of immigrants. Indeed, the company appears to be powered by a pioneering spirit that is very enterprising. Not all of the employees have graduated from college, again reminding the tech world of other famous college dropouts who went on to achieve massive success in Silicon Valley.
Supporting Many Different Coins
One of the reasons why people love CoinFlip is that the ATMs support many different types of crypto. For those who witnessed the infancy of the Bitcoin ATM, this is refreshing. At the moment, those using the ATMs can access BTC, DASH, LTC, TRX, ETH, and KMD. Another advantage is that fees are relatively low, allowing users to buy and sell crypto without breaking apart their own personal banks. However, many believe that the defining asset of CoinFlip is the customer service. Users can reach the CoinFlip team by texting, chatting or even calling. For new clients who are on the fence, this can be a very strong selling point. CoinFlip is also active on social media, communicating with customers through Instagram, Facebook, and even Twitter. In fact, those who follow CoinFlip on Twitter can even expect to see discount codes from time to time. All in all, there is a multitude of ways for people to reach out and get assistance before they even head out to their local CoinFlip ATM.
Set up a Wallet and Go
All customers need is a wallet from which they can send or receive funds from the CoinFlip ATM. If you’re trading $900 or less, all you need to do is register with your name and phone number. In the coming months and years, there are many in the crypto community who believe that CoinFlip’s ease of use will persuade many to use it.